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What's good, y'all? Got some knowledge to drop on you about the S&P 500. You know, that joint that measures the performance of 500 large companies listed on American stock exchanges. I know some think this topic is just for them highfalutin Wall Street types, but nah, we gotta be in the know too.
So, here's the dealio. Over a 20-year time span, the S&P 500 returned an average of what? Yo, get this - around 7%. Yup, you heard that right, 7%. Now, some of y'all may be thinking, "That ain't that great," but hold up, hear me out.
See, over that 20-year period, there were ups and downs, some years where the market was crazy high, and others where it dipped low. But in the end, that 7% average return is what you could have made by just investing in the S&P 500.
Now, I know what some of y'all might be thinking, "Why should I care about the S&P 500?" Well, because it represents the overall health of the American economy. When the S&P 500 is doing well, it means that American companies are thriving, which in turn can mean more jobs and more money flowing in our communities.
So, if you got some extra cash laying around and wanna invest it, you might wanna consider throwing it at the S&P 500. Just remember, though, investing comes with risks, and you should always do your research and consult a financial advisor before making any moves. Ain't no get-rich-quick schemes out here, fam. But hey, with that 7% average return over 20 years, it's definitely something to think about.
S&p 500 last 20 years
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